Awareness and Compliance for Financial Personnel and Business Managers. ~ ◊ ~ Kevin Sullivan, CAMS draws on a distinguished career as an AML agent and consultant to impart an insiders knowledge and experience of AML. He’s written this practical guide to compliance to teach financial professionals, corporate investigators, business managers, and law enforcement what money laundering is, who does it, …

Why you should attend: Quality: Training from a 30 year AML veteran and retired NY State Police Money Laundering Investigator Understanding the Big Picture: Attendees “Follow the Money” to first learn to identify money laundering practices and second understand the AML mechanisms within their own institution and between their institution, law enforcement, and regulators. For New Employees: Receive a comprehensive understanding of AML …

We are quite familiar with the four pillars of a quality anti-money laundering program. They have been established and should be part of every financial institutions compliance program. The Four Pillars of an Anti-Money Laundering Program: Designation of a Compliance Officer Written Internal Policies, Procedures and Controls Ongoing Training for Employees Independent Review What use to be known as the …

Bribe Backfires on S.A.R. Reporter, and everyone in the AML field should know this – the SAR is confidential. That is certainly nothing new. Sometimes mistakes are made, people goof up, we’re all human, so be it. However, a particular bank employee for Chase Bank knew very well about the confidentiality rules, but he viewed this as an opportunity. He …

When a bank like HSBC gets called on the carpet the dramatic economic effects shows up in several ways. I was interviewed about what this means, exactly, not just for the bank, but for the bank’s customers.